Tuesday, August 16, 2022
Tags Tax

Tag: Tax

Business

FBR exceeds tax target by 28% over last year, collects Rs5.35tr in 11 months of FY21-22

News Desk - 0
The Federal Board of Revenue (FBR) collected Rs5.35 trillion in taxes in 11 months of the current fiscal year, leaving it with the task...
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Business

FBR records Rs500b rise in tax collection

News Desk - 0
The Federal Board of Revenue (FBR) has collected Rs1.84 trillion in just four months, a surge of 37% or close to Rs500 billion over...
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Business

Sindh govt non-tax revenue collection crosses Rs14bn in FY20-21

News Desk - 0
In the fiscal year 2020-21. the Sindh government collected non-tax revenue of Rs14.361 billion compared to Rs9.891 billion in the previous financial year. The actual...
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Business

FBR abolishes withholding tax on air travel, used cars, amongst other items

News Desk - 0
The Federal Board of Revenue abolished the withholding tax on bank transactions, purchase of used cars, domestic and international air travel, CNG and...
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Business

FBR lays out conditions for arrest over tax evasion

M. Ali - 0
The tax evasion limit for filers has been set at Rs100 million or more while for non-filers it is Rs25 million after some significant...
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Business

Anyone living in Pakistan for 183 days will be taxed

M. Ali - 0
ISLAMABAD: The National Assembly (NA) has introduced new amendments in the Finance Bill 2021-22 for the next financial year.  The amendment changes the time duration...
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National

PM Imran Khan congratulates FBR on collecting historic high tax figures

News Desk - 0
ISLAMABAD: Prime Minister Imran Khan on Saturday commended the Federal Board of Revenue (FBR) for crossing a ‘historic milestone’ by collecting more than Rs4...
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Business

Taxation regime needs fundamental reforms for sustainable growth, PBC says

Staff Reporter - 0
KARACHI: The Pakistan Business Council (PBC) has recommended proposals for the upcoming budget and these have been prepared in the backdrop of Pakistan’s economy...
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Business

FBR introduces electronic hearing of tax audits and assessments cases

Arshad Hussain - 0
KARACHI: Federal Board of Revenue (FBR) has launched software for electronic hearing of tax audit and assessment cases to facilitate the taxpayers. This has...
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Business

IMF asks Pakistan to do more to end money laundering, strengthen forex reserves

News Desk - 0
International Monetary Fund (IMF) representative Teresa Daban Sanchez has asked to Pakistan to take action to curb money laundering and increase its revenue generation...
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